Lonati Group Acquires Sangiacomo
The Italy-based Lonati Group has acquired Sangiacomo S.p.A., an Italy-based producer of
men’s, women’s and children’s hosiery machinery and seamless knitting machines. Sangiacomo will
maintain its current business arrangement. Under its new ownership,Sangiacomo will continue to
produce single-cylinder circular knitting machines and new machinery for seamless garments, with
emphasis on sportswear, underwear, casual apparel and bathing suits.
Winter 2004